Enterprise and business
If you take good care of your business, you can do business without worries.
Doing business means making appointments. Lots of appointments. With partners, staff, suppliers, customers, the government, etc. Good contracts are therefore a necessary part of a healthy business economy. Whether it concerns “internal” contracts, such as shareholder agreements and employment agreements, or “external” contracts, such as takeover and cooperation agreements. (Advice on) a good contract in which clear rules of play are laid down, makes it possible for the company to focus on the development of the company.
A good contract is clear as a tightly organised march route: who participates and under what conditions, what is the destination, what input is needed to achieve the goal, who makes the decisions, what happens if things go wrong along the way, who can intervene and what sanctions can be imposed.
Organising such a march route is a profession. Our profession.
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More about enterprise and business
Introduction of the Franchise Act does not produce a rosy future for franchise formulas
I have written about the Netherlands Franchise Code (NFC) before and explained its contents. In that context, I noted briefly that Minister Kamp sent a white paper for the Franchise Act to the Dutch House of Representatives. The white paper concerns special regulations for a franchise agreement and is open for consultation up to 25 May 2017, inviting stakeholders and interested parties to express their opinion.
Netherlands Franchise Code (NFC)
On 12 April 2017, the outgoing Minister of Economic Affairs published a bill which legally embeds the NFC. It is possible to respond to the bill until 25 May 2017. By legally embedding the NFC, the Minister wants to strengthen the position of franchisees and bring more balance to the interests of franchisees and franchisors.
Bruna must honour the franchise and lease agreement (for now)
A franchisee has successfully brought interlocutory proceedings against his franchisor Bruna. The court in interlocutory proceedings has judged as a preliminary measure that Bruna has to honour the franchise and (sub)lease agreement it terminated.